New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-04-04
The bank exchanges at the NewYork Clearing House
and the stocks sold at the NcwYork stock Exchange for

Thr bank exchanges at the NewYork Clearing House
and the stocks sold at the NcwY0rk stock Exchange for
the weeks of three years compare follows:
E e. ssSs: SIS
The local money market naturally ruled firm during the
cent aud the extreme rates and per cent tn
Yesterday, when the hardy exceeded per cent
G Seen p az pee een The
domestic exchanges the Wet although easier are still
against this CITY, The foreign exchanges were extremely
dull and rates weaker and closed barely steady on
the basis OF 81 20 and 81 81 for long and short sterling
respectively The Bank OF England on Thursday made
change In its rate for discount and IL remains at per
cent although the bank holds 32i00000 more gold
year when its discount rate per cent In the
London open market however. money is easy at 1aa1
rhe trade reports for the week generally give further
crcn,aon during isV the last twelve months as shown
above from the Treasury statements With the fact that
the Newfork City banks hold 100000 less money than
ayear ago sufficiently attest the great improvement
already attained The wheat speculation was Irregular,
checked Yet the movement for the week will prove to
be more than double that of the same week OF 1856 Cot
quoted no cents higher than year ago, yet the
ports are we'll snstancd Last week they we're a!2l9
bales. against 7.3S9 bales for the week or 1885, ana
this after previous gain since September ot67oooo
bales.
The stock Exchange markets for the require little
comment here, additional to what has been writtenin the
daily reviews. The speculation has developed more
confident tone. The markets have been somewhat
broadcncd by home and foreign buyers ana tue trasac
liz and 800 shares respectively for the pre-.
ccdng aud tho week before that. The transactions
In railway bonds also considerably larger than In
preceding weeks and wide OF issues The
fluctuations In prices frequent II not large but after
making allowance for the effect Of continued feel
ing Of uncertainty regarding the immediate monetary sit
uatOn the movements such as usually mark new
departure after long period OF dulness Realizing
sales made after each advance setting prices back
fractions pending them. which were followed by
quick rccoveres TO higher figures As usual also at
the commencement OF general movements few
special stocks led both in activity and figures Railroad
earnings generally continue Ia make highly satisfactory
showing and the impression Is daily growing that the
Interstate Commerce law, fairly and equitably admins
tered Will largely increase the net earnings OF rasp0r
taton companies The in the adjustment OF the
free pass system reaches TO figures little suspected by
that portion of travellers who alwayspay fares. Taking
altogether there 10 he no reason why the
stock Exchange will last partake Of that general
improvement which has become marked all over the
country
Suboined Is usual table giving the highest, lowest
and final and number OF shares sold for the week.
together the na prices week OF sixty
active representative stocks prexcd by the prices OF
April 3, lcs0